We’ve begun exploring here the impact that the White House’s Iran deal pullout (and subsequent threat to impose sanctions on Iran’s trading partners) will have on particular EU-based companies (right, Peugeot)? Now we’ve learned that EU leaders have officially asked the US for exemptions from these sanctions – NYTimes
While we’re talking tariffs, it’s worth noting that scorned allies Canada, Japan, and the EU are “banding together to increase pressure on Washington” and create a “firewall” against any further US tariff moves – WSJ
All of which (China, included) is leaving US farmers very concerned – WSJ
An “intense activist campaign” by Paul Singer’s Elliott Management has led to resignation of Jonathan Bush (yes, of that Bush family) as CEO of Athenahealth, a month after Elliott made a hostile takeover offer for the health care tech company – NYTimes and WSJ
Speaking of activists, Carl Icahn has apparently rebuilt a position in drugmaker Allergan – Bloomberg
Warren Buffett and Jamie Dimon have found a nifty way to cut back on quarterly earnings guidance by casting it “unhealthy” because of the “focus on short-term profits at the expense of long-term strategy, growth and sustainability” such guidance engenders – WSJ and Bloomberg
Credit Suisse will pay about $47 million to resolve a DOJ Foreign Corrupt Practices Act probe (though not an ongoing SEC inquiry) over its hiring practices in Asia – WSJ and Law360
A look at how the rise in tech is forcing Cargill to “reboot,” even after 150 years of dominance – Bloomberg
Acting CFPB director Mick Mulvaney continues to reshape the consumer watchdog agency despite his “acting” status, this time by dismissing the bureau’s consumer advisory board, “which provides feedback on the bureau’s rules and policies” – NYTimes and Bloomberg and Law360
And then there’s Mick’s position on the bureau’s own payday lending rules. Not exactly Cordray-esque – NYTimes
Twenty years since its debut, the New Yorker gives us this necessary look at the revolutionary run and powerful (though generally overlooked) legacy of SATC – NewYorker
